Weston Homes and Tesco propose 1400-home development in Redbridge
Property developer Weston Homes is partnering with supermarket giant Tesco on a plan to deliver up to 1,400 new homes in North East London.
The companies have been in talks over a project to redevelop the Tesco store and car park at 822 High Road in Goodmayes, Redbridge, into a mixed-use scheme.
Weston and Tesco are set to submit a planning application for a scheme comprising homes, a three-form primary school and new Tesco store on the 10.4-acre site.
Of the proposed 1,400 residential units, 35% would be designated as affordable housing.
The plans will also include employment space, such as workshops and cafes, and the creation of enhanced public realm featuring landscaped grounds.
Tesco intends to maintain continuity of trading if the site is redeveloped.
Subject to planning, the new store will be built in the car park while the existing store remains open. The day after the new site opens, the old store will be closed and later demolished.
Stansted-based Weston Homes currently employs more than 460 staff.
The firm has a development pipeline of 6,000 new homes with a total completed value of around £2bn.
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